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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Condensed Consolidated Statements of Cash Flows    
Net cash provided by operating activities $ 121,367 $ 85,894
Cash Flows from Investing Activities    
Investments purchased (540,159) (422,287)
Investments sold 349,411 285,886
Investments called or matured 135,750 77,611
Net change in short-term investments (43,745) 40,027
Net property and equipment purchased (6,405) (5,543)
Investment in equity method investee (1,711) (5,301)
Net cash used in investing activities (106,859) (29,607)
Cash Flows from Financing Activities    
Cash dividends paid (24,221) (22,791)
Stock plan share issuance 39 3,672
Excess tax benefit from exercise of stock options 7,242 400
Net cash used in financing activities (16,940) (18,719)
Net increase (decrease) in cash (2,432) 37,568
Cash at the beginning of the period 30,620 39,469
Cash at September 30 $ 28,188 $ 77,037